Regulation

U.S. hedge funds aren’t the only ones facing a potential new registration requirement: Their peers in Singapore are also likely to lose their licensing exemption in Singapore, according to a top industry organization.

The European Union’s much-criticized hedge fund regulation proposal is now drawing fire from two powerful places.

In response from a request from the Council of the EU, the European Central Bank warned that the current proposals for hedge fund and alternative investment regulation could drive the industries out of Europe altogether.

Citigroup hopes to sell its highly-profitable proprietary commodities trading group, in part to avoid a backlash at a firm that received billions in government bailout money paying its head a promised $100 million bonus.

European lawmakers have struck upon a novel idea in their consideration of strict new rules governing hedge funds and private equity firms: They’d like to know something about what the proposal would do before they choose to enact it.

It’s been a foregone conclusion for some time now, but legislation requiring hedge fund managers and private equity firms to register with U.S. regulators has finally been introduced in the U.S. House of Representatives.

From the current issue of

We are accustomed to splitting trading into technical and fundamental buckets. Both involve crunching data; one set includes market fundamentals and the other pure price data. Alternative data is a third bucket that is gaining traction.